7-5-18 BP and COP Shuffle ANS-UK Assets Subject To Regulatory Approval

Following are COP and BP announcements of this week's plan to realign ANS and UK assets subject to regulatory approvals:  ConocoPhillips statement and link: "ConocoPhillips Signs Agreements to Sell 16.5 Percent Interest in the Clair Field in the United Kingdom and Acquire an Additional 39.2 Percent Interest in the Greater Kuparuk Area in Alaska" BP to increase share in UK’s giant Clair field and sell interest in Alaska’s Kuparuk field Increasing holding in core oilfield, west of Shetland in UK, and selling non-operating interest in Alaskan asset. Buying 16.5% [...]